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Published on October 20, 2009 9:27 PM by dbo.
There is still no certainty how Ottawa council will vote on the collaborative Lansdowne proposal, nor whether a green-lit project will be kiboshed or delayed by legal action. Objections to the proposed management agreement as subsidizing the Ottawa Sports and Entertainment Group fail to see that the city’s previous $400,000/year rent for a single occupant of the stadium without re-investing any money back into the site upkeep led to the situation faced today. The current plan provides for the maintenance of the site permanently and private management will certainly be motivated to attract more than 10 events to the site per year (another reason for locals to oppose the plan).
As business vocalize their concerns, no one offers any idea as to what is acceptable in their objections to the retail competition the revitalized park will bring. To be clear, these big box outlets will not be subsidized — you can be sure they will be charged the maximum rent possible for the location and size.
Unfortunately, Canada’s capital and a city of a million people may end up with no outdoor stadium. After demolishing all the equity in the what they have, Ottawa citizens will certainly not be able to agree to spend public funds to fully fund an outdoor stadium in Kanata or elsewhere in the future.